NOT LISTED FOR SALE

431 Morris Rd Ambler, PA 19002

Estimated Value: $1,472,000 - $1,835,000

4 Beds
6 Baths
5,670 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $938,000 $165 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,100/month

20 Days on Market

Highlights

  • In Ground Pool
  • 2 Acre Lot
  • 3 Fireplaces
  • Shady Grove Elementary School Rated A
  • Colonial Architecture
  • No HOA

About This Home

As of August 2020

Built in 1991, this home has had just one owner and has been well cared for. Masterful, award-winning, architectural design combines with thoughtful luxury in this magnificent, custom-built stone and masonry estate that sits amid two beautifully landscaped acres. No detail was overlooked in the design or craftsmanship, visible from the welcoming portico at the top of the circular drive with first-floor hardwood flooring, wainscoting, front and back staircases, wood and glass kitchen cabinetry, granite counter tops, soaring ceiling and built-ins in the family room. Off the foyer are the formal living and dining rooms, which are separated by a double-sided fireplace. At the back of the house is the large kitchen with butler pantry and open dining area that comfortably seats the entire family. Off the kitchen is the perfect space for a home office or playroom. An abundance of windows throughout flood the house with light. Double sliding French doors invite you outdoors where you ll find charming gardens, a covered stone patio, and gorgeous in-ground pool and spa. The upstairs features 4 bedrooms, each with large walk-in closets. The master bedroom suite has a double-sided fireplace one side facing the sleeping area and the other side accessible and open to 2 spaces that can be used however you like as a quiet sitting room, yoga space, craft room, or office. The master bath has a double vanity, jacuzzi tub, and separate tiled shower. The finished lower level spans the entire footprint and includes a workout room, TV/sitting area, large game room, and tons of storage space. This home boasts 4 full bathrooms and 2 half bathrooms, a 3-car garage, and 2nd-floor laundry room. Recent improvements include a new roof (2020), refinished hardwood floors (2017), new stainless steel appliances (2019), new split system air conditioner (2019), and countless cosmetic upgrades. The property is located in the top-ranked Wissahickon School District and is minutes from the downtown area of family-friendly Ambler Borough. To schedule your private viewing of this stunning home, please contact Tony Rizzo at 215-698-2000.

Last Agent to Sell the Property

Anthony Rizzo

RE/MAX 2000 Listed on: 06/22/2020

RE/MAX 2000

Last Buyer's Agent

Anthony Rizzo

RE/MAX 2000 Listed on: 06/22/2020

RE/MAX 2000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,543

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 528.00 x 0.00
  • Property is zoned R5

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 5,670 Sq Ft Home
  • Property has 2 Levels
  • 3 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 66-00-04181-208

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,543

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-06-22
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Built in 1991, this home has had just one owner and has been well cared for. Masterful, award-winning, architectural design combines with thoughtful luxury in this magnificent, custom-built stone and masonry estate that sits amid two beautifully landscaped acres. No detail was overlooked in the design or craftsmanship, visible from the welcoming portico at the top of the circular drive with first-floor hardwood flooring, wainscoting, front and back staircases, wood and glass kitchen cabinetry, granite counter tops, soaring ceiling and built-ins in the family room. Off the foyer are the formal living and dining rooms, which are separated by a double-sided fireplace. At the back of the house is the large kitchen with butler pantry and open dining area that comfortably seats the entire family. Off the kitchen is the perfect space for a home office or playroom. An abundance of windows throughout flood the house with light. Double sliding French doors invite you outdoors where you ll find charming gardens, a covered stone patio, and gorgeous in-ground pool and spa. The upstairs features 4 bedrooms, each with large walk-in closets. The master bedroom suite has a double-sided fireplace one side facing the sleeping area and the other side accessible and open to 2 spaces that can be used however you like as a quiet sitting room, yoga space, craft room, or office. The master bath has a double vanity, jacuzzi tub, and separate tiled shower. The finished lower level spans the entire footprint and includes a workout room, TV/sitting area, large game room, and tons of storage space. This home boasts 4 full bathrooms and 2 half bathrooms, a 3-car garage, and 2nd-floor laundry room. Recent improvements include a new roof (2020), refinished hardwood floors (2017), new stainless steel appliances (2019), new split system air conditioner (2019), and countless cosmetic upgrades. The property is located in the top-ranked Wissahickon School District and is minutes from the downtown area of family-friendly Ambler Borough. To schedule your private viewing of this stunning home, please contact Tony Rizzo at 215-698-2000.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 3
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 5670
  • Living Area Sq Ft: 5670
  • Price Per Sq Ft: 211.64
  • Above Grade Finished Sq Ft: 5670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 431

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Stone
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WISSAHICKON
  • School District Key: 300200397032
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Size Acres: 2.00
  • Lot Dimensions: 528.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2020
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 867720
  • School Tax: 11799.00
  • Tax Annual Amount: 15543.00
  • Assessor Parcel Number: 66-00-04181-208
  • Tax Lot: 017
  • Tax Total Finished Sq Ft: 5670
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: WISSAHICKON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 28, 2020
Sold by
Palermo Joanne R
Bought by
True Thomas F and Kelley Cynthia A
Seller's Agent
Anthony Rizzo
RE/MAX 2000
Buyer's Agent
Anthony Rizzo
RE/MAX 2000
List Price
$1,200,000
Sold Price
$938,000
Premium/Discount to List
-$262,000
-21.83%
Current Estimated Value
$1,585,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,304
Avg. Annual Appreciation
11.07%
Original Mortgage
$938,000
Outstanding Balance
$834,301
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$751,003

Purchase Details

Closed on
Jul 18, 1990
Bought by
Palermo Mark J and Palermo Joanne R
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
True Thomas F $938,000 Chicago Title Ins Co
Palermo Mark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Cynthia A $489,500
Closed True Thomas F $260,100
Open True Thomas F $938,000
Previous Owner Palermo Joanne R $1,000,000
Previous Owner Palermo Mark J $108,000
Previous Owner Palermo Mark J $826,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $938,000 -21.8% $165 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $1,200,000 -- $212 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,753 $562,370 $138,370 $424,000
2024 $17,753 $562,370 $138,370 $424,000
2023 $17,027 $562,370 $138,370 $424,000
2022 $4,402 $562,370 $138,370 $424,000
2021 $15,939 $562,370 $138,370 $424,000
2020 $15,543 $562,370 $138,370 $424,000
2019 $7,990 $562,370 $138,370 $424,000
2018 $15,223 $562,370 $138,370 $424,000
2017 $14,531 $562,370 $138,370 $424,000
2016 $14,312 $562,370 $138,370 $424,000
2015 $13,657 $562,370 $138,370 $424,000
2014 $13,657 $562,370 $138,370 $424,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC652260

Bright MLS

APN: 66-00-04181-208